Tesla’s Q2 revenue soared to $28.24 billion, smashing expectations and up 25.5% year-over-year — but profits took a brutal hit, plunging nearly 40% below forecasts. While the company’s explosive growth has slowed in recent years, this quarter’s volume-driven strategy — slashing prices on the Model 3 and Y to boost sales — is clearly eating into margins. The automotive segment’s gross margin dipped as Tesla prioritizes market share over short-term cash flow, sending its stock lower after the report. Is this a sustainable play — or a sign the growth engine is sputtering?
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